News / Egypt

Tatweer Misr Introduces Bloomfields in Mostakbal City

Tatweer Misr is launching its third real estate project in east Cairo's Mostakbal City

Talaat Moustafa Subsidiary Seeks to Buy 1000 Acres in the New Capital

The Arab Company for Projects and Urban Development, a subsidiary of Talaat Moustafa Group Holding Company (TMG), is seeking to buy 1000 acres in the New Administrative Capital

Emaar Misr Reports Higher Net Profits, Net Sales in 2017

Emaar Misr for Development (EMD) reported a 36% increase in net profit to stand at EGP 2.3 bn in 2017, compared to EGP 1.68 bn the previous year, as well as a 29.5 % increase in net sales to reach EGP 10.9 bn

New Administrative Capital Company to Join Dubai’s International Property Show 2018

The New Administrative Capital Company for Urban Development (NACCUD) has decided to participate in IPS 2018 exhibition in Dubai, where it will announce available investment opportunities in the new city

Over 70 Property Developers to Offer Extended Payment Plans at Cityscape Egypt

Over 70 real estate developers, a figure likely to rise later, will showcase their projects and offer flexible payment structure at the 7th edition of Cityscape Egypt, taking place at the Egypt International Exhibition Centre (EIEC) in Mehwar Almosheer Tantawy in New Cairo from the 28th until the 31st of March

Minister of Housing Announces EGP 85 bn Budget for 2018/19, Largest in NUCA History

Minister of Housing Mostafa Madbouly announced the largest budget for the New Urban Communities Authority (NUCA) in its history, amounting to EGP 85 bn for the fiscal year 2018/2019, during his meeting with NUCA’s Board of Directors

Suez Canal Insurance Acquires Policy Bid for Projects in New Alamein City

Suez Canal Insurance (SCI), an Egyptian composite insurer, has been awarded a policy bid to insure a number of new projects worth EGP 5 bn in New Alamein City, northwest of Cairo

Catalyst Real Estate to Establish New Flagship at Galala City late 2018

Egypt’s Catalyst Real Estate Consultancy Company plans to set up its new residential flagship, First Home, in the new City of Galala, located between Ain Sokhna and Zafarana

MNHD Sells Land in Auction for EGP 50 mn in El Waha

Located in El Waha, the land is dedicated for commercial, administrative, and healthcare purposes

Housing Ministry to Launch 3rd Offering of PPP Lands Soon

The offering will include distinguished PPP lands in New Alamein and New Mansoura

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